Reuters
08 Jun 2026, 13:51 UTC · 2h ago
US airlines fuel costs soared in April to $6.5 billion
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Reuters
08 Jun 2026, 13:51 UTC · 2h ago
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U.S. passenger airlines' fuel costs increased 78% year-over-year in April to nearly $6.5 billion. — A massive surge in a primary operating cost severely compresses profit margins for the airline sector.
-0.70Conflict in the Middle East is driving the sharp increase in fuel costs. — Geopolitical instability suggests a sustained risk premium on energy prices rather than a temporary spike.
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